Institutional accumulation continues

BlackRock withdrew 3,948 BTC ($367.9M) and 1,737 ETH ($5.65M) from Coinbase in the last 8 hours.

In the past 48 hours, totals reach 7,146 BTC ($668.4M) and 6,851 ETH ($21.9M).

Large exchange outflows usually signal long-term custody, not selling a strong confidence signal from institutions.